HomeMy WebLinkAbout99-05 RDA Resolution RESOLUTION NO. RDA 99-05
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF TEMECULA APPROVING UP TO $30,000 OF
EMPLOYEE RELOCATION PROGRAM FUNDS FOR LOANS
TO EMPLOYEES OF TOYBOX CREATIONS, INC.
WHEREAS, The Redevelopment Agency of the City of Temecula (Agency) has
established a program to provide assistance to employees of qualified companies that are
relocating or expanding their operations in the City of Temecula; and
WHEREAS, the firm of Toybox Creations, Inc. is relocating its business to the City of
Temecula, and
WHEREAS, this firm will employ an estimated twenty five (25) full-time employees within
a one-year period; and
WHEREAS, this firm has employees that meet income and other criteria of the Agency's
Employee Relocation program; and
WHEREAS, this firm wishes to offer this program to its employees; and
WHEREAS, the Agency hereby approves this firm for participation in this program.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA DOES RESOLVE, DETERMINE AND ORDER AS FOLLOWS:
Section 1. The Agency hereby designates up to $30,000 in funds for the Employee
Relocation Program for employees of Toybox Creations, subject to the policies of this program
as adopted by the Agency at its meeting of January 26, 1999.
Section 2. These funds shall remain available to the employees of Toybox Creations for
this purpose for a period of one year from the date of adoption of this resolution.
PASSED, APPROVED AND ADOPTED, by the Board of Directors of the Temecula
Redevelopment Agency this 23rd day of March, 1999.
s, Chairperson
ATTEST:
R:reos/RDA 99-05 I
STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF TEMECULA )
I, Susan W. Jones, Secretary of the Temecula Redevelopment Agency, do hereby certify
that the foregoing Resolution No. RDA 99-05 was duly and regularly adopted by the Board of
Directors of the Temecula Redevelopment Agency at a regular meeting thereof held on the 23~
day of March, 1999, by the following vote:
AYES: 5
NOES: 0
ABSENT: 0
AGENCY MEMBERS:
AGENCY MEMBERS:
AGENCY MEMBERS:
Comerchero, Lindemans, Roberts, Stone, Ford
None
None
Sus or es, CMC
Cler cretary
R:reos/RDA 99-05 2